Britain must be careful not to spook investors with its energy reforms, so it can continue attracting funds for its transition to a cleaner future, the CEO of renewables and networks company SSE said on Monday.Britain has a target to install up to 50 gigawatts (GW) of offshore wind capacity by 2030…
Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia's Far East.Putin's move affecting Exxon's largest investment in Russia mimics a…
Canada has released draft guidelines on how new oil and gas projects should demonstrate 'best-in-class' greenhouse gas emissions performance, following up on a government announcement first made in April.The guidance, released late on Tuesday…
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Oil and gas company Neptune Energy said Thursday it would extend higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,000 UK households.In April, Norwegian authorities granted Neptune and the Duva license…
The UK arm of Italian energy group Eni has has applied for a carbon capture and storage (CCS) license for the depleted Hewett gas field in the Southern North Sea. Eni says that the application, submitted through the North Sea Transition Authority (NSTA)…
Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…
UK regulator the North Sea Transition Authority (NSTA) has announced that 26 bids were submitted in the UK's first carbon storage licensing round by a total of 19 companies. On offer were 13 areas, off the coasts of Aberdeen, Teesside, Liverpool and Lincolnshire…
Oilfield services firm Baker Hughes said Friday it had secured a new service contract for maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating…
Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
Norwegian energy giant Equinor has appointed Torgrim Reitan as Chief Financial Officer and executive vice president in Equinor, with effect from October 6, 2022.Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company…
Subsea services company DOF Subsea said Friday it had won multiple contracts in the U.S. Gulf of Mexico. The company has received a contract award for the provision of services to 'a major operator' in the Gulf of Mexico, starting in the fourth quarter of 2022…
GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…
Subscribe
